🚀 go-pugleaf

	NOTICE TO ALL CALLAN DATA SYSTEM OWNERS
	=======================================

	I had several informative telephone conversations
	today, and feel that the result of these is reason
	to warrant a posting to net.general.

	ALL FOLLOWUPS SHOULD GO TO NET.LEGAL
	====================================

	Despite popular belief and the statements made by
	an ex-CALLAN DATA SYSTEMS employee (Tim Smith), CALLAN
	DATA SYSTEMS is NOT bankrupt. CALLAN DATA SYSTEMS has
	not filed for protection under Federal Bankruptcy Law.
	However, CALLAN DATA SYSTEMS is closing its doors, and
	most employees have been let go.

	What CALLAN DATA SYSTEMS is doing is as follows:

	There has been a "general assignment of company assets"
	to the CREDIT MANAGEMENT ASSOCIATION OF LOS ANGELES.
	A person by the name of Lee Fortner, is handling
	matters for CMA of LA. CMA of LA, plans to hold a 
	private auction of the assets and pay off "select"
	creditors at the rate of 70 to 80 cents on the dollar.
	

	CALLAN DATA SYSTEMS has all ready sold "the technology"
	for the UNISTAR series of computers to RICOH. It is not
	clear yet what the implications of this are. 

	One item of concern is that RICOH has not expressed its
	intention about what it plans to do with the "technology".
	Since several boards in the UNISTAR 300 were made by 
	CALLAN DATA SYSTEMS the likely hood of being able to obtain
	spare parts is low if not nil. Therefore, the value of a
	CALLAN UNISTAR 300 has dropped drasticly. Users, who I have
	talked to, both those selling 300's and those wanting 300's,
	are looking at a lose of $15,000 a machine. The user who
	wants to insure that he can keep present 300's running is
	looking at buying complete 300's as spares.


	CALLAN DATA SYSTEMS has canceled as "null and void" all
	software maintenance agreements. The software maintenance
	agreements were paided for a year or two in advance.
	Therefore, end-users who had software maintenance
	agreements are now creditors of CALLAN DATA SYSTEMS.
	However, CMA of LA will not respond to request for the forms
	that an end-user must file in-order to be considered a 
	creditor.

	The purpose of this posting is to inform users and also
	let other computer users see what may happen to them.
	
	CALLAN DATA SYSTEMS users have an alternative to just
	sitting back and watch themselves be raped by a company
	with no sense of public fiduciary responsibility.

	An attorney also a CALLAN DATA SYSTEM end-user Bernard Karwick
	and I discussed today the option of  end-users forcing
	CALLAN DATA SYSTEMS into involuntary bankruptcy. By doing
	so the court may reverse the sale of the "technology" to 
	RICOH and force a sale to the highest bidder. Also, users
	who had software maintenance agreements canceled would 
	receive recognition as creditors in the eyes of the court.
	
	I urge CALLAN DATA SYSTEMS end-users to call Bernard 
	Karwick. His number is 619-294-2352.	

	
	
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